Price for Clock Movements; Complete and Assembled, Electrically Operated in Italy - 2023
Contents:
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Italy (FOB) - 2022
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Italy (CIF) - 2022
- Exports of Clock Movements; Complete and Assembled, Electrically Operated in Italy
- Imports of Clock Movements; Complete and Assembled, Electrically Operated in Italy
Price for Clock Movements; Complete and Assembled, Electrically Operated in Italy (FOB) - 2022
The average export price for clock movements; complete and assembled, electrically operateds stood at $93 per unit in 2022, rising by 218% against the previous year. In general, the export price showed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($659 per unit), while the average price for exports to France ($5.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+70.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled, Electrically Operated in Italy (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $0.6 per unit, which is down by -6.5% against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 28% against the previous year. As a result, import price attained the peak level of $1.9 per unit. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1.1 per unit), while the price for France ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Clock Movements; Complete and Assembled, Electrically Operated in Italy
In 2022, shipments abroad of clock movements; complete and assembled, electrically operateds decreased by -37.9% to 6.3K units, falling for the second year in a row after two years of growth. In general, exports, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2020 with an increase of 184% against the previous year. As a result, the exports reached the peak of 16K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of clock movements; complete and assembled, electrically operateds surged to $587K in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 137% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Clock Movements; Complete and Assembled, Electrically Operated in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.7 | N/A | N/A | 176 | 302.5% |
| United States | 1.5 | 19.7 | 36.2 | 152 | 366.2% |
| Hong Kong SAR | 22.4 | 110 | 102 | 97.9 | 63.5% |
| United Kingdom | 1.4 | 1.4 | 33.0 | 49.1 | 227.3% |
| Canada | N/A | 3.4 | 2.6 | 31.3 | 203.4% |
| Croatia | 1.3 | N/A | 0.1 | 16.0 | 130.9% |
| Taiwan (Chinese) | N/A | 4.3 | 11.9 | 13.2 | 75.2% |
| Australia | N/A | N/A | 1.2 | 3.1 | 158.3% |
| Switzerland | 4.7 | 52.9 | 22.1 | 2.8 | -15.9% |
| Georgia | N/A | N/A | N/A | 2.7 | 0% |
| France | 26.2 | 49.5 | 3.8 | 1.9 | -58.3% |
| Germany | 12.3 | 13.7 | 3.6 | 1.6 | -49.3% |
| Vietnam | N/A | 8.6 | N/A | N/A | 0% |
| Others | 56.0 | 40.7 | 80.5 | 39.6 | -10.9% |
| Total | 129 | 304 | 297 | 587 | 65.7% |
Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Italy in 2022:
- United Arab Emirates (2608.0 units)
- Hong Kong SAR (1070.0 units)
- Croatia (457.0 units)
- France (329.0 units)
- Canada (271.0 units)
- Switzerland (259.0 units)
- United States (230.0 units)
- United Kingdom (220.0 units)
- Taiwan (Chinese) (211.0 units)
- Australia (118.0 units)
- Georgia (109.0 units)
- Germany (87.0 units)
Imports of Clock Movements; Complete and Assembled, Electrically Operated in Italy
In 2022, after three years of growth, there was significant decline in supplies from abroad of clock movements; complete and assembled, electrically operateds, when their volume decreased by -22.5% to 986K units. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of 1.3M units, and then fell remarkably in the following year.
In value terms, imports of clock movements; complete and assembled, electrically operateds declined notably to $550K in 2022. Over the period under review, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. As a result, imports attained the peak of $759K, and then fell notably in the following year.
| Import of Clock Movements; Complete and Assembled, Electrically Operated in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 340 | 109 | 298 | 235 | -11.6% |
| Germany | 47.4 | 43.0 | 39.9 | 123 | 37.4% |
| Hong Kong SAR | 3.2 | 172 | 1.2 | 88.3 | 202.2% |
| Switzerland | 70.5 | 116 | 149 | 64.5 | -2.9% |
| France | 40.9 | 54.7 | 32.1 | 8.6 | -40.5% |
| Japan | N/A | 2.0 | 1.4 | 6.8 | 84.4% |
| Hungary | N/A | N/A | 8.1 | N/A | 0% |
| Others | 100 | 27.0 | 229 | 24.4 | -37.5% |
| Total | 602 | 524 | 759 | 550 | -3.0% |
Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Italy in 2022:
- China (408.1K units)
- Germany (217.7K units)
- Hong Kong SAR (173.9K units)
- Switzerland (118.9K units)
- France (33.0K units)
- Japan (15.3K units)
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